What are the responsibilities and job description for the Student Financial Services Compliance Coordinator position at Murray State University?
Summary Of Job Duties And Responsibilities
The compliance coordinator is responsible for student employment and ensuring that the student financial services area remains in compliance with state and federal regulations.
The compliance coordinator is responsible for student employment and ensuring that the student financial services area remains in compliance with state and federal regulations.
- Oversee and manage the student employment program, ensuring compliance with institutional policies, federal work-study guidelines, and other relevant regulations. Maintain educational resources and adherence to laws related to student employment.
- Monitoring I-9 regulations and ensure procedures are meeting requirements.
- Monthly reconciliation of Payroll to Workstudy eligibility.
- Continuous monitoring of Federal Workstudy to ensure jobs are filled timely and make adjustments as needed to award Federal Workstudy positions to other areas if jobs are not being utilized.
- Audit student refunds to ensure compliance with federal Title IV regulations, and prepare monthly escheating reports to ensure Title IV funds are returned timely.
- Perform monthly audits on a random sample of the following financial aid compliance issues:
- Return of unearned Title IV aid (R2T2) after students withdraw from courses.
- Dependency overrides and professional judgement.
- Satisfactory Academic Progress ( SAP ) appeals.
- Liaison with Community Service supervisors for student employment.
- Maintain compliance with Consumer Disclosure requirements mandated by federal regulations.
- Work with Associate Director of Student Financial Services on individual training of all staff on regulatory changes.
- Review Athletic awards to ensure that scholarships paid agree with award letters signed by the Director of Student Financial Services.
- Participant of the Tuition appeal committee.
- Other duties as assigned.
